NOT LISTED FOR SALE

48708 N 1st Ave Unit L New River, AZ 85087

Estimated Value: $639,000 - $878,376

2.5 Acres
$294,738 Price per Acre
108,900 Sq Ft Lot

Last Sold December 10, 2014

Last sale price $22,000

Est. 3,249% increase in value since last sale

Current estimated payment $4,453/month

201 Days on Market

Highlights

  • 2.5 Acre Lot
  • Mountain View
  • No HOA
  • New River Elementary School Rated A-

About This Lot

As of December 2014

**APPX 2.5 ACRES OF GLORIOUS LAND** NICE LOT IN A BEAUTIFUL COMMUNITY WITH PLENTY OF PRIVACY. WHAT AN INCREDIBLE PROPERTY! THIS ONE HAS IT ALL! SIZE, LOCATION, AMENITIES! THE ONLY THING LEFT TO DO IS BUILD THE DREAM PARADISE YOU HAVE ALWAYS WANTED! THIS LOT WILL NOT LAST AS VACANT PARCELS IN THIS BEAUTIFUL AREA AT THIS PRICE DO NOT COME ALONG VERY OFTEN! MAKE AN OFFER TODAY!

Last Agent to Sell the Property

Jason Rodgers

Visionary Properties License #SA557950000 Listed on: 05/03/2014

Co-Listed By

Christopher Oster

Visionary Properties License #BR528928000

Last Buyer's Agent

Craig Morton

A.Z. & Associates License #SA654129000

A.Z. & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $303

Lot Details

  • 2.5 Acre Lot
  • Property is zoned R-43

Property Views

  • Mountain Views

Schools

  • New River Elementary School

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot L
  • Assessor Parcel Number 202-08-004-L

Property Details

Property Type

Land

Est. Annual Taxes

$303

Lot Details

0

Listing Details

  • Cross Street: I17/NEW RIVER RD
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-43
  • Tax Year: 2013
  • Directions: New River Rd EAST to Fig Springs North(LEFT) , turn right ON 1st AV, turn right (South) up road he road approx 800 ft.
  • Lot Size Acres: 2.5
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: vsnr01
  • Co List Office Phone: 480-248-9395
  • Subdivision Name: Metes and Bounds
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: New River Elementary School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 109676.0
  • Additional Parcels: No
  • Parcel #: 202-08-004-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 303.0
  • Tax Book Number: 202.00
  • Tax Lot: L
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Caitlyn Morton
Bought by
Craig Morton and Craig Caitlyn Morton
Current Estimated Value
$736,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2014
Closed on
Dec 10, 2014
Sold by
Res Az Five Llc
Bought by
Hemm Caitlyn
Seller's Agent
Jason Rodgers
Visionary Properties
Buyer's Agent
Craig Morton
A.Z. & Associates
List Price
$34,900
Sold Price
$22,000
Premium/Discount to List
-$12,900
-36.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.74%

Purchase Details

Closed on
May 21, 2013
Sold by
Curry Thomas E and Currey Bonnie J
Bought by
Res-Az Five Llc

Purchase Details

Closed on
Apr 21, 2005
Sold by
Webster Derek A and Webster Denise
Bought by
Currey Thomas A and Currey Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Craig Morton -- None Available
Hemm Caitlyn $22,000 Thomas Title & Escrow
Res-Az Five Llc $26,001 None Available
Currey Thomas A $186,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Craig $602,000
Closed Craig Morton $224,000
Previous Owner Currey Thomas A $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $22,000 -37.0% --
11/17/2014 11/17/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $34,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,171 $35,449 -- --
2024 $3,971 $33,761 -- --
2023 $3,971 $56,410 $11,280 $45,130
2022 $1,354 $17,500 $3,500 $14,000
2021 $1,378 $15,310 $3,060 $12,250
2020 $1,350 $14,520 $2,900 $11,620
2019 $1,309 $14,300 $2,860 $11,440
2018 $1,266 $12,200 $2,440 $9,760
2017 $1,206 $10,980 $2,190 $8,790
2016 $338 $4,635 $4,635 $0
2015 $333 $5,312 $5,312 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Rodgers

    Seller's Agent in 2014

    Jason Rodgers

    Visionary Properties

    (480) 248-9395

    69 Total Sales

    Jason Rodgers
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Christopher Oster

    Visionary Properties

  • Craig Morton

    Buyer's Agent in 2014

    Craig Morton

    A.Z. & Associates Real Estate Group

    (623) 910-6277

    20 in this area

    197 Total Sales

    Craig Morton
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5109691

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-08-004L

Arizona Maricopa County New River 85087

48708 N 1st Ave Unit L, New River, AZ

This home is located at 48708 N 1st Ave Unit L, New River, AZ 85087 since 03 May 2014 and is currently estimated at $736,844. 48708 N 1st Ave Unit L is a home located in Maricopa County with nearby schools including New River Elementary School, Gavilan Peak Elementary School, and Boulder Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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